‘No proposal before the govt’: Centre rules out relief for state oil firms

State-run fuel retailers will not receive government financial backing for losses arising from the sale of petrol, diesel and aviation turbine fuel (ATF) below cost, with the Centre confirming that no such proposal is under consideration.The three public sector oil marketing companies: Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation…

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Indian firms go big in America: Pour in $16.4 billion, create over 70,000 jobs across US

Indian companies are strengthening their presence in the United States, pouring billions in investment, job creation and growing participation across key sectors, senior officials said at the SelectUSA Investment Summit in Maryland. At the CII India Reception held at National Harbour on Monday (local time), Brandon Remington, US Deputy Undersecretary (Policy and International Trade Administration)…

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‘Unacceptable’: MEA condemns attack on UAE’s Fujairah that injured three Indians | India News

NEW DELHI: India on Tuesday condemned the strike in the United Arab Emirates that left three Indian nationals injured, calling for an immediate halt to escalating hostilities in the region.Responding to the attack in Fujairah, the ministry of external affairs said, “The attack on Fujairah that resulted in injury to three Indian nationals is unacceptable….

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